Buying A Flipped House With A Conventional Loan Here

: Most lenders prefer a DTI ratio below 45% to 50% .

: Request a list of completed repairs along with receipts and contractor information. If a flipper cannot produce these, they may have used unlicensed labor or cut corners. buying a flipped house with a conventional loan

: Look past fresh gray paint and quartz countertops. Check for: : Most lenders prefer a DTI ratio below 45% to 50%

: Musty smells in the basement or fresh paint only in specific corners (potentially covering mold). buying a flipped house with a conventional loan